Legal provisions of COM(2022)38 - EU position in the International Centre for Settlement of Investment Disputes (ICSID)

Please note

This page contains a limited version of this dossier in the EU Monitor.

dossier COM(2022)38 - EU position in the International Centre for Settlement of Investment Disputes (ICSID).
document COM(2022)38 EN
date March 14, 2022


Article 1

Acting jointly in the interest of the Union, the Member States that are Contracting Parties to the ICSID Convention shall express their acceptance of the proposed amendments to the ICSID rules during the written voting procedure initiated by the Chairman of the Administrative Council of ICSID on 20 January 2022 and scheduled to be concluded on 21 March 2022 by approving the four draft Resolutions to:

—amend the Regulations and Rules for ICSID Convention proceedings (AC(C)/RES/1/2022),

—amend the Regulations and Rules for ICSID Additional Facility proceedings (AC(C)/RES/2/2022),

—adopt Regulations and Rules for ICSID mediation proceedings (AC(C)/RES/3/2022), and

—adopt Regulations and Rules for ICSID fact-finding proceedings (AC(C)/RES/4/2022).

Article 2

This Decision shall enter into force on the date of its adoption.